Maruti Suzuki reports record FY26 sales, revenue and profit; declares Rs 140/share dividend
New Delhi, April 28
Maruti Suzuki India Limited on Tuesday reported its highest-ever annual sales, revenue and profit for the financial year ended March 31, 2026, while announcing a final dividend of Rs 140 per share.The company's board approved the audited financial results for FY2025-26 and recommended a dividend aggregating Rs 44,016 million, subject to shareholders' approval at the upcoming Annual General Meeting.According to the company's filing, total revenue from operations stood at Rs 1,743,695 million for FY26, registering a growth of about 20.2 per cent over the previous fiscal. Net profit for the year came in at Rs 144,154 million, marginally higher than Rs 142,976 million reported in FY25. The automaker also recorded its highest-ever total sales of 2,422,713 units during the year, including domestic sales of 1,974,939 units and exports of 447,774 units, reflecting strong demand both in India and overseas markets. For the January-March quarter, Maruti Suzuki posted record quarterly sales of 676,209 units, up 11.8 per cent year-on-year. Net sales during the quarter surged to Rs 500,787 million from Rs 388,391 million a year earlier. However, quarterly net profit declined 6.9 per cent year-on-year to Rs 35,905 million, primarily due to mark-to-market impacts, even as operating profit rose 30.4 per cent to Rs 44,092 million. The company said growth in the second half of the fiscal was driven by improved domestic demand following GST reductions, although production constraints persisted, with around 190,000 pending customer orders at the end of the year. Dealer inventory levels also remained low at about 12 days' stock. Maruti Suzuki retained its position as India's top passenger vehicle exporter for the fifth consecutive year, accounting for nearly 49 per cent of total exports. The company also expanded exports of its first battery electric vehicle, the e VITARA, to 44 countries. The company said the record date for determining dividend eligibility is August 7, 2026, while payment is scheduled for September 9, 2026.
The Annual General Meeting of the company is slated to be held on August 31, 2026.
— ANI
Reader Comments
Good to see Indian auto sector doing well despite global headwinds. The e VITARA being exported to 44 countries is a big achievement - our homegrown EV technology is finally going global. But I wish the domestic EV adoption was faster; the government should push more charging infrastructure to complement Maruti's EV push!
Impressive numbers from Maruti. The 20% revenue growth is solid, and maintaining 49% export share for 5 years shows their global competitiveness. As an investor, I'm happy with the dividend announcement. However, the slight dip in quarterly profit despite higher sales is concerning - guess the mark-to-market volatility is hitting everyone these days.
Waiting for my Swift since December 2025! The 12-day dealer inventory is great for them but painful for customers like me. Still, kudos to Maruti for another record year - they've earned my loyalty despite the delay. Hope the new plant expansion comes online soon to ease supply.
Happy to see Indian brands leading globally! But honestly, the Rs 140 dividend feels a bit low compared to the profits they're sitting on. With revenue crossing Rs 17.4 lakh crore, they could have been more generous to retail investors. Still, it's a stable bet for long-term holders. 👍
The quarterly profit dip of 6.9% despite 11.8% more sales is a red flag. Market-to-market impacts can't be the whole story - rising input costs or competition from Tata/Mahindra EVs must be squeezing margins. But the 30% operating profit growth gives me some confidence. Let's
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